What is Liquidation? / Real Estate Tips & Tricks / NM Dream House

Liquidation. What is it? 🤔

It's the selling off of an asset to cash in your pocket. 💰That's a simplification.

Of what? Liquidation. But a question came up because we were talking about banks liquidating houses to satisfy bad debts in foreclosure. So somebody said, what exactly is liquidation? Liquidation is the selling off of hard assets to put cash back in your pocket, back in your account. So they're liquidating the house to put cash back in their pocket. That's it. Pretty simple. 💰🏠

Thanks for watching! This is Bryan with NM Dreamhouse. Stay tuned for more tips on Real Estate!

𝗕𝗿𝘆𝗮𝗻 𝗖𝗿𝗮𝘄𝗳𝗼𝗿𝗱 l 𝗥𝗘𝗔𝗟𝗧𝗢𝗥 ®
Lic. 50122
I 𝟱𝟬𝟱.𝟱𝟬𝟭.𝟴𝟴𝟴𝟳
Keller Williams Realty Farmington

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Bryan Crawford
New Mexico Dream House
6584 East Main
Farmington, New Mexico 87402
505-501-8887